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Co-op and Spar forge buying alliance

Convenience store groups Spar and the Co-op have joined forces to create a buying alliance which should help them compete against the likes of supermarket giant Tesco.

The companies said the deal will focus on own-label products.

The two retailers will pool their volumes which they said would bring “valuable commercial benefits”.

References: Daily Telegraph 26/08/06 page 31, The Times 26/08/06 page 56, The Guardian 26/08/06 page 21

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